You are here: Home >> English News & Features >> BUSINESS & ECONOMY

Bulls return as govt keeps date with GST

DNMUM390886 | 6/20/2017 | Author : DNA Money Correspondent | WC :343

Mumbai : Indian markets witnessed a smart recovery as the bullish sentiment got fortified on positive developments on the domestic front. Both the Sensex and Nifty hit fresh intra-day highs following goods and services tax (GST) headway.
While the BSE Sensex made a fresh closing high at 31311.57, jumping 255.17 points, or 0.82%, Nifty reclaimed 9600 level ending at 9657.55, by gaining 69.50 points, or 0.72%.
Banking counters witnessed a flurry of buying on hopes of resolution of non-performing assets (NPAs) issue after the Reserve Bank of India (RBI) asked lenders to initiate bankruptcy proceedings against large defaulters. The rally was led by State Bank of India, Axis Bank, HDFC Bank and ICICI Bank which climbed up to 1.9
Read full story

Copyright restricted. Under license from   
Add To Lightbox
Calculate Price


TCS cracks $100 billion code
DNMUM412818 | 4/24/2018 12:00:00 AM | Author : Prasanna Deshpande | WC :781

Tata Consultancy Services (TCS) on Monday became the first Indian technology company to cross the $100 billion mark in market capitalisation, over a decade after Reliance Industries achieved the feat in 2007. The Tata Group company is now the only

Add To LightboxCalculate Price

Executor, performer, manager vs revenue
DNMUM412754 | 4/24/2018 12:00:00 AM | Author : Rama Moondra | WC :547

Alfred P Sloan took over as president of General Motors (GM) in 1923. Ford was the dominating the sector with 60% share of the US car market against GM’s 20%. Sloan realised that GM needed a different price strategy as well as market penetration and
Add To LightboxCalculate Price

Rate hike would hamper growth
DNMUM412759 | 4/24/2018 12:00:00 AM | Author : G Chokkalingam | WC :393

Last week the 10-year benchmark bond yield hit over two-year high as the minutes of the monetary policy committee (MPC) revealed the preference of a member “to vote for a beginning of the withdrawal of accommodation in the next MPC meeting in June.”
Add To LightboxCalculate Price

Markets end flat amid choppy trade
DNMUM412760 | 4/24/2018 12:00:00 AM | Author : DNA Money Correspondent | WC :139

Mumbai: The benchmark indices rose to their highest level in two months on Monday, though volatility continued throughout the trading session due to negative Asian cues, Europe market opening lower and rupee weakening. Sensex closed at 34450.77 after
Add To LightboxCalculate Price